BSESenthil Infotek LtdHighNeutral
Announced Thu, 16 Apr · 11:33 IST
Open Offer at ₹8/share for 26% of Senthil Infotek by Kolli Murali Krishna & Gogineni Srinivas
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Open Offer triggered after Kolli Murali Krishna & Gogineni Srinivas signed an SPA on Apr 8, 2026 to buy 62.90% (31,76,300 shares) of Senthil Infotek from existing promoters at ₹5.50/share. Acquirers now offer ₹8/share for up to 13,13,000 shares (26% of voting capital), totaling ~₹1.05 crore. Post-offer, acquirers will hold 88.90%. Change of control — sellers reclassified as public. Stock is under GSM Stage 2 and infrequently traded. Tendering: Jun 3-16, 2026.
Likely market impact
Mandatory open offer signals change of control. Public shareholders can tender at ₹8/share between Jun 3-16, 2026. Existing promoters will exit.